First Trust NASDAQ-100 Technology Index Fund
QTEC
49 hedge funds and large institutions have $183M invested in First Trust NASDAQ-100 Technology Index Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 13 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
4% more capital invested
Capital invested by funds: $177M → $183M (+$6.54M)
11% less funds holding
Funds holding: 55 → 49 (-6)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$3.37M |
| 2 |
BWM
Biltmore Wealth Management
Tempe,
Arizona
|
+$1.49M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.13M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$990K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.96M |
| 2 |
Morgan Stanley
New York
|
-$4.12M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$4.04M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$3.18M |
| 5 |
JP Morgan Chase
New York
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHS
51
Pekin Hardy Strauss
Chicago,
Illinois
| – | -$2.48M | -56,627 | Closed |
|
|
NA
52
Navellier & Associates
Reno,
Nevada
| – | -$1.78M | -40,721 | Closed |
|
|
VFS
53
VSR Financial Services
Overland Park,
Kansas
| – | -$1.67M | -38,060 | Closed |
|
|
B
54
Baird
Milwaukee,
Wisconsin
| – | -$1.53M | -34,981 | Closed |
|
|
BCM
55
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.37M | -31,300 | Closed |
|
|
CAN
56
Cetera Advisor Networks
El Segundo,
California
| – | -$682K | -15,566 | Closed |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$308K | -7,050 | Closed |
|
|
ATC
58
Argent Trust Co
Nashville,
Tennessee
| – | -$248K | -5,679 | Closed |
|
|
BRWA
59
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$193 | -4,405 | Closed |
|
|
AP
60
Advisors Preferred
Rockville,
Maryland
| – | -$94.5K | -2,161 | Closed |
|
|
NPC
61
National Planning Corporation
El Segundo,
California
| – | -$4.25K | -100 | Closed |
|
QTEC Hedge Fund Activity: Q1 2015 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ-100 Technology Index Fund (QTEC) for Q1 2015, worth a combined $183M — up 3.7% from $177M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of QTEC and 8 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was BB&T Securities, adding an estimated $3.37M. The largest seller was Wells Fargo, cutting an estimated $5.96M.
- 49 institutional investors held First Trust NASDAQ-100 Technology Index Fund (QTEC) as of Q1 2015, down from 55 in Q4 2014.
- Funds reported $183M of First Trust NASDAQ-100 Technology Index Fund stock for Q1 2015, up 3.7% quarter-over-quarter.
- 8 funds opened new First Trust NASDAQ-100 Technology Index Fund positions in Q1 2015 and 13 closed out, a net change of -5 holders.
- The largest First Trust NASDAQ-100 Technology Index Fund buyer in Q1 2015 was BB&T Securities, an estimated $3.37M added.
- The largest First Trust NASDAQ-100 Technology Index Fund seller in Q1 2015 was Wells Fargo, an estimated $5.96M sold.
Based on aggregated 13F filings for Q1 2015.